TaskUS Inc. Advances Sustainable Operations in India and Gains Investor Attention
TaskUS Inc. (NASDAQ: TASK) announced on February 6, 2026 that its India operations will introduce a large‑scale electric‑vehicle (EV) transportation program for employee commutes. The initiative, based in Gurugram, Haryana, is part of the company’s broader sustainability strategy aimed at reducing carbon emissions and promoting eco‑friendly commuting options for its workforce. The program is expected to increase the use of electric vehicles across TaskUS’s Indian offices, contributing to the company’s environmental goals.
Earlier in the week, on February 3, 2026, financial analysts at Wedbush initiated coverage of TaskUS with a Buy rating and a $15.00 price target. Wedbush’s report highlighted TaskUS’s solid strategic positioning amid the rise of artificial intelligence (AI) in the outsourcing sector. The company’s latest earnings, for the quarter ending September 30, 2025, showed revenue of $298.71 million and a net profit of $31.38 million, a significant improvement over the previous year’s revenue of $255.35 million and net profit of $12.7 million. The analysis also noted increased insider selling, with 29 insiders reported to have sold shares in the past quarter, indicating a negative insider sentiment.
The buy rating from Wedbush was reinforced by positive market reactions. Seeking Alpha reported that TaskUS shares rose following the announcement, and several other research platforms, including a note on February 3 from a financial news aggregator, cited the bullish stance of the analyst firm.
Despite the favorable analyst coverage, TaskUS’s market performance has been volatile. As of February 4, 2026, the stock closed at $10.56, near its 52‑week low of $10.51, while its 52‑week high reached $18.59 on February 26, 2025. The company’s market capitalization stands at approximately $981 million, with a price‑to‑earnings ratio of 12.41.
The EV transportation rollout in India, combined with the positive analyst outlook, positions TaskUS as a company that is both expanding its sustainable footprint and attracting investor interest. The company continues to serve clients globally with business process outsourcing, customer experience consulting, and business process optimization services.
